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Aug 25, 2012
08/12
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>> i think the united states that are home to company, apple would win the case. you saw that there was a split decision in south korea. on this patents fight between apple and samsung. that was a split decision. but then you have this itc ruling that doesn't involve samsung. it has to do with motorola. apple is involved in all kinds of patent fights with google and everybody. i think that the money was that apple would witness. gerri: i want to put something on the table that jonas brought up that i thought was interesting. apple has this incredible reputation. it's a company that is well regarded by investors and consumers alike. did that have a role in the way that this jury reacted? seth, to you first. >> technically that's not the case. when you go through the process, you interview the witnesses. you ask them for their vices. that is supposed to get weeded out. jury instructions are just the sort them out -- come on, seth. people have views views on these companies at the end of a. >> they do. at the end of the day, jurors who do a good job of listening to t
>> i think the united states that are home to company, apple would win the case. you saw that there was a split decision in south korea. on this patents fight between apple and samsung. that was a split decision. but then you have this itc ruling that doesn't involve samsung. it has to do with motorola. apple is involved in all kinds of patent fights with google and everybody. i think that the money was that apple would witness. gerri: i want to put something on the table that jonas...
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Aug 23, 2012
08/12
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it's really very frightening, that the united states should be under these types of circumstances. sandra: we have to leave it there, dr. laffer. we have a few seconds. any good news, any thing positive you can leave us with? >> i think romney will inwith the election. all the forecast we're talking about will be different. i think he and ryan will put in a great set of policies led by glenn hubbard the previous guest. you will get a lot of prosperity like we've never seen before. i'm very optimistic about the u.s. over the next four years. how is that? sandra: that is spectacular. i wanted to leave off with a smile not a frown. >> thank you, sandra. sandra: the coal industry score as major victory as a federal judge stops the epa in its trackses. but a new threat is already emerging. the details next. >> from enemies to french miss. president obama giving private equity a warm embrace to keep gas prices from spiking. ♪ ♪ . sandra: the epa get as slap down. a federal appeals court ruled against its cross state air pollution rule. that sets limits on pollution from burning coal
it's really very frightening, that the united states should be under these types of circumstances. sandra: we have to leave it there, dr. laffer. we have a few seconds. any good news, any thing positive you can leave us with? >> i think romney will inwith the election. all the forecast we're talking about will be different. i think he and ryan will put in a great set of policies led by glenn hubbard the previous guest. you will get a lot of prosperity like we've never seen before. i'm...
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we have to ask ourselves, is the united states of america right now and environment that welcomes business and welcomes risk-taking? and when you look at new regulations and when you look at the antagonistic view of so many folks in washington for the pharmaceutical industry, the hmo industry, the banking sector, the energy sector, before you know what they are like that turn on a tank. eventually aiming at every single industry except the solar industry. if you are importing solar panels and china your being in debt as well. david:, former white house economic adviser. thank you. he is author of why we thrive in the rat race, also head of the tiger hedge fund. well, mitt romney promises that his policies will help create 12 million jobs. there are not a lot of specifics immoral least there were not allowed given in the republican convention. how will it be done? carlos gutierrez tells us in a detailed plan coming next. liz: sending out invitations for a big event next week. what new products could detect and reveal? it might be in the shadow. that story ahead on "after the bell." [ owner
we have to ask ourselves, is the united states of america right now and environment that welcomes business and welcomes risk-taking? and when you look at new regulations and when you look at the antagonistic view of so many folks in washington for the pharmaceutical industry, the hmo industry, the banking sector, the energy sector, before you know what they are like that turn on a tank. eventually aiming at every single industry except the solar industry. if you are importing solar panels and...
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Sep 22, 2012
09/12
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for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. melissa: we've got breaking news right now. adam shapiro in the newsroom with it. adam. >> this is the latest on emergency landing that an aircraft carrying ann romney, the wife of presidential candidate mitt romney along with five staffers, two secret service agents and the pilots on board the plane made an emergency landing just outside of denver. apparently is a challenger aircraft. it seats 10, not including the pilot and copilot. there was smoke in the cabin 10 minutes before the emergency landing in denver. ann romney's spokesperson, sarah hayley said the smoke stung their eyes. it appears to come from a electrical cause. but that is not confirmed. everybody is reportedly fiber-optic according to fox news channel's carl cameron, but again, it was a flight
for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. melissa: we've got breaking news right now. adam shapiro in the newsroom with it. adam. >> this is the latest on emergency landing that an aircraft carrying ann romney, the wife of...
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Aug 27, 2012
08/12
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states lost a aaa rating not too long ago. nobody is talking about that. if we get any type of fiscal clarity obviously, some entitlement spending reductions, maybe coupled with a little bit of tax incentive and maybe even tax hikes so we don't end up like greece that will be an impetus for the market to take some of that $2.5 trillion that is sitting on corporate balance sheets to put to work. right now we're seeing a big surge in temporary hiring. that is because as demand comes in, employers hire temporary workers rather than the incremental long term employee. dennis: if there's an obama sweep though, in november, that means that all the current tax policies go into place. that means taxes on capital gains will go up. taxes on dividend will go up. will we see a big seven y'all as people decide to get out ahead of time before the tax rates go up? >> our view the fiscal cliff will be put off at least six month. no matter who wins i don't think there will be any clarity probably until june of next year. so we don't think that
states lost a aaa rating not too long ago. nobody is talking about that. if we get any type of fiscal clarity obviously, some entitlement spending reductions, maybe coupled with a little bit of tax incentive and maybe even tax hikes so we don't end up like greece that will be an impetus for the market to take some of that $2.5 trillion that is sitting on corporate balance sheets to put to work. right now we're seeing a big surge in temporary hiring. that is because as demand comes in, employers...
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Aug 23, 2012
08/12
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governor was in new mexico unveiling a new energy plan that focuses on energy independence for the united states by 2020 and expand offshore oil and gas billing and give states more regulatory power over development of energy resources within their borders. dave: i want to be clear on taxes. he does want to lower tax rates on all income classes but get rid of deductions for the wealthy. >> that is what he is proposing. dave: federal reserve chief ben bernanke is not a huge fan of ben bernanke. we just played his feeling that qe 3 wouldn't do better than qe2 or qe 1 did. does he say who he would pick the head the federal reserve if he doesn't appoint ben bernanke? >> this issue became -- glenn hubbard from columbia university raised this issue saying mitt romney should reconsider his position that he doesn't want ben bernanke for another term. not that he is looking for the job but mitt romney said no. ben bernanke is not my guy. he threw him under the bus. it was interesting. i said what about hundred? is he not potentially a candidate to become chairman of the federal reserve in a romney
governor was in new mexico unveiling a new energy plan that focuses on energy independence for the united states by 2020 and expand offshore oil and gas billing and give states more regulatory power over development of energy resources within their borders. dave: i want to be clear on taxes. he does want to lower tax rates on all income classes but get rid of deductions for the wealthy. >> that is what he is proposing. dave: federal reserve chief ben bernanke is not a huge fan of ben...
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Dec 24, 2012
12/12
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china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to kick down the road the transition we need to make for the sake of our economy, for the sake of our national security for the sake of our-- >> we're not kick it go down the road. this isn't a fiscal cliff kick down the road. they're improving techniques all the time. they're not kicking the problem down the road. >> most are. and those that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that
china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to...
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Sep 13, 2012
09/12
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i think we should withold judgment on the next step in the united states until we have more can't and figure out where this is going. melissa: you mentioned the suez canal and mentioned impact on oil here. what do you think it does to the price of oil to see these tensions erupt? >> i think that the people who deal in oil internationally are very experienced in the middle east and in ups and downs of violence and turmoil and even chaos. i think some of that is factored into the price of oil. right now despite the sanctions on iran oil prices are in pretty good shape. they fell again i believe today. they're well below $100 a barrel. i don't think you will see any immediate fallout. watch two things. first of all can libya continue to remain stable and pump oil it is pumping now? secondly how are things going in egypt. because egypt is so important strategically and cultural and demographic center of the middle east, how things go in egypt will have an effect on everything from iran to north africa. melissa: ambassador, thank you so much for your time this evening. >> thank you very mu
i think we should withold judgment on the next step in the united states until we have more can't and figure out where this is going. melissa: you mentioned the suez canal and mentioned impact on oil here. what do you think it does to the price of oil to see these tensions erupt? >> i think that the people who deal in oil internationally are very experienced in the middle east and in ups and downs of violence and turmoil and even chaos. i think some of that is factored into the price of...
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the election in the united states, whether you are a supporter of the president or mitt romney, it really doesn't matter. we're going to have somebody is going to be running this country on the first wednesday of november. ashley: you say you've never seen a time when investors are so cranky. what do you mean by that? >> well, think of this, ashley. the markets are up mid teens for the year. this is like a party that nobody was invited to when you think about it. that's because the general mix are really not overly invested in the market. they've gone much more defensive. we see that in the weekly flows into bond mutual funds out of equity funds. and the numbers are staggering. since 2007 the cumulative totals exceed a trillion dollars into bond funds, yet the net outflow is out of domestic equity funds are approaching almost $600 million -- $600 billion, excuse me. ashley: but they're cranky, but they're also fearful, aren't they, of this fiscal cliff and a government overspending which many see as a huge, huge worry. wouldn't you agree? >> right. and the likelihood of our prolific frien
the election in the united states, whether you are a supporter of the president or mitt romney, it really doesn't matter. we're going to have somebody is going to be running this country on the first wednesday of november. ashley: you say you've never seen a time when investors are so cranky. what do you mean by that? >> well, think of this, ashley. the markets are up mid teens for the year. this is like a party that nobody was invited to when you think about it. that's because the...
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Aug 30, 2012
08/12
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i will do everything possible to get him elected to the united states senate. with regard to financing of campaigns, laws are passed supreme court rules on that. you want openness, you want transparency. you want to know where money is coming from. and you want to make sure there is no special deals, no carveouts. because unions have found ways around this for many, many years. and i want to make sure they don't get special favorism or treatment. adam: what would will be wrong with this propfl? ply colleague john stossel has a brand new book out he makes the case, open it up, if you're a billionaire, go for it. why not make it simple, donate as much as you want and go to the races? what is wrong with that? >> supreme court will rule on these and specifically freedom of speech. that is something that is discussed. i don't see anything passing between now and election in november. after the elections i'm sure there will be robust debates about accountability, about disclosure of campaign money, but you just have to make sure there is, that there isn't an openness
i will do everything possible to get him elected to the united states senate. with regard to financing of campaigns, laws are passed supreme court rules on that. you want openness, you want transparency. you want to know where money is coming from. and you want to make sure there is no special deals, no carveouts. because unions have found ways around this for many, many years. and i want to make sure they don't get special favorism or treatment. adam: what would will be wrong with this propfl?...
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Sep 21, 2012
09/12
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across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. ♪ . melissa: welcome back to "money". we're live in houston, texas where rodeos are big business. houston has the biggest one in the u.s. because everything is bigger in texas, obviously. skip wagner is the president and ceo of the houston livestock show and reed dough yo. great to have you -- rodeo. >> howdy. melissa: exactly. what is a typical day like at the rodeo? >> there is almost no typical day. we have 27,000 volunteers, 105 committees. you're literally going from one type of thing. may be a fried food eating contest one day to sponsor development but every day has activities like those. they have concert and they have a rodeo. and we just do whatever it takes to keep it all running. >> you talk about the concert and live entertainment. the show goes o
across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. ♪ . melissa: welcome back to "money". we're live in houston, texas where rodeos are big business. houston has the biggest one in the u.s. because everything is bigger in texas, obviously. skip wagner is the president and ceo of the...
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Aug 29, 2012
08/12
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you have to have canada and mexico, the united states. they will work with us. we're a market for their oil and gas. and so, yes, we could be energy independent by making a north american energy alliance. it would certainly work. adam: mr. pickens, let me wrap up with you asking this last question. we seemed to dodge a bullet from the hurricane. opec is still manipulating oil prices. no one is ever surprised by that. if i'm a driver say in chief lapped, ohio, near to my heart or miami, florida, where my folks live, what can i expect in the fall with gas prices. >> gasoline. >> yes. >> not natural gas. adam: gasoline prices. >> gasoline, prices i think it will be stable in the fall probably not much different than it is now. adam: t. boone pickens, you said responding to the first million is hard. earning the first billion is even harder. i hope to learn that lesson one day, sir. >> good, thank you. adam: thank you for joining us. always good to have mr. pickens join us on fox business. turning you are our attention to something else, some positive news. the seco
you have to have canada and mexico, the united states. they will work with us. we're a market for their oil and gas. and so, yes, we could be energy independent by making a north american energy alliance. it would certainly work. adam: mr. pickens, let me wrap up with you asking this last question. we seemed to dodge a bullet from the hurricane. opec is still manipulating oil prices. no one is ever surprised by that. if i'm a driver say in chief lapped, ohio, near to my heart or miami, florida,...
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Sep 28, 2012
09/12
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the idea nowhere ever in the united states has anybody taken over the school that this film portrays. you should know that. actually in florida, which is certainly a republican state, they failed to pass these trigger laws. california does have one. so the idea this is david and fwo lie act film. it is a fictional film. they tried to present that it is factual but it is fictional. it shine as light on important issue the it isn't all anti-union, that particular union. that particular union which is very entrenched and very sophisticated in its membership. this issue is very, very important to our country because it rests on public education and the problems in it and if it shine as light on it and does that and makes people talk about it that's a good thing. david: there have been fictionalized accounts on stories based on reality, like lean on me. morgan freeman film and "stand and deliver". this has been done before. i was a public school teacher in chicago and i debt with the unions. i dealt with the whole public school bureaucracy. it is a mess. this film does not necessarily fict
the idea nowhere ever in the united states has anybody taken over the school that this film portrays. you should know that. actually in florida, which is certainly a republican state, they failed to pass these trigger laws. california does have one. so the idea this is david and fwo lie act film. it is a fictional film. they tried to present that it is factual but it is fictional. it shine as light on important issue the it isn't all anti-union, that particular union. that particular union...
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Oct 16, 2012
10/12
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that would be very good for those countries but also for the united states. there are plenty of opportunities there. david: domingo, we have to invite you back specifically to talk about mexico. we haven't forgotten mexico. we have news coming on the citi front. there is analyst call coming in. the former finance minister from argentina. thanks very much for coming in. >> appreciate it. liz: david, the headlines are flashing "fast and furious"ly. in essence the ceo holding by the story and the chairman as well, thaa vikram pandit left of his own volition. david: we have a lot of evidence, or at least the very least, strong advice from people that are inside the boardrooms that in fact it was not so. that he was ousted. that is the reason why he left. not only ceo but coo leaving very quickly. for that to happen so quickly is pretty dramatic and usually means somebody was pushed in the direction they didn't want to go. liz: we'll listen to q&a. it is open to reporters that are giving questions. shall we listen in? david: take it. >> i think what also happened
that would be very good for those countries but also for the united states. there are plenty of opportunities there. david: domingo, we have to invite you back specifically to talk about mexico. we haven't forgotten mexico. we have news coming on the citi front. there is analyst call coming in. the former finance minister from argentina. thanks very much for coming in. >> appreciate it. liz: david, the headlines are flashing "fast and furious"ly. in essence the ceo holding by...
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. 's like another chapter. >> i'm robert gray with your fox business brief. shares of zillow are plunging ahead of the release that's due after the closing bell. the on-line real estate company has beaten earnings estimates in four straight quarters. demand media also slated to release results today. it is up big today but its stock along with jive have both stumbled and now below 2001 -- 2011 initial public offering prices. >> stifle financial buys kbw deal worth over 575 million dollars. >> the average price for a gallon of regular gas over the past two weeks, posted its biggest drop since 08. the "lundberg survey" showed superstorm sandy has made it difficult for some east coasters to travel. also the biggest state consumer, california has fixed its refinery problem. >>> and now we cont
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. 's like another chapter. >> i'm robert gray with your fox business brief. shares of zillow are plunging ahead of the release that's due after the closing bell. the on-line real estate...
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Dec 19, 2012
12/12
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so we've got the relations of the united states which require cleaner, burning fuels. that is pure and simple. melissa: yeah. >> but the regulations we have now we can not use our own diesel fuel. so we have to go to this. so this is necessary evil and a great investment for sasol, they're smart. melissa: in louisia would create a lot of jobs which are definitely needed. thanks for coming on the show. >> well, thank y. i would like a copy of your book. i hear it is red hot. melissa: diary of a stage moer's daughter. thanks for bringing that up. we'll send you one. i wish i had one here. let's go to breaking news on knight capital. charrie gasparino with the latest. charlie yove been advancing this story all day. give us the latest. >> who did i predict earlier? melissa: earlier today on markets now at 1:00 p.m. you said getco. >> they wer updating their bid. this thing is just about done tat getco is winner of bidding war for knight capital. invirtue holdings knight rejected tha bid. how did they do it? they increased the price. it was somewhat after bidding war. they
so we've got the relations of the united states which require cleaner, burning fuels. that is pure and simple. melissa: yeah. >> but the regulations we have now we can not use our own diesel fuel. so we have to go to this. so this is necessary evil and a great investment for sasol, they're smart. melissa: in louisia would create a lot of jobs which are definitely needed. thanks for coming on the show. >> well, thank y. i would like a copy of your book. i hear it is red hot. melissa:...
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Aug 24, 2012
08/12
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we are number one in every major our equity -- in the united states. dave: our hearts go out to you and we wish you the best. thank you for coming on. we will see you in a couple minutes. dave: s&p futures are closing. liz: we will go back to larry. dave: eli lilly's new alzheimer's drug failing a key test so why is the stock floury today? we will begin to the data and tell you why. liz: tropical storm isaac gaining strength. that is why we are taking you to florida to show you the impact it could have on your money. dave: a decision in the battle between avalanche samsung but not in the u.s.. what decisioion we are talking about again? you got to hang on for the details. the details could cost or make you money comi up next. [ male announcer ] let's level the playing field. take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of your portfolio
we are number one in every major our equity -- in the united states. dave: our hearts go out to you and we wish you the best. thank you for coming on. we will see you in a couple minutes. dave: s&p futures are closing. liz: we will go back to larry. dave: eli lilly's new alzheimer's drug failing a key test so why is the stock floury today? we will begin to the data and tell you why. liz: tropical storm isaac gaining strength. that is why we are taking you to florida to show you the impact...
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Nov 10, 2012
11/12
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states sanction list. it was quote, to agent or affiliate of iran's revolutionary god in september. it puts additional pressure or iran's slumping oil out put reportedl down more than 20% this year but who really knows. >>> next on "money", will tax hikes for the rich kill economic growth, duh? i say it will. but a huge supporter of increases couldn't disagree with me more. we'll break out the calculators and fight over it. >>> plus he warn of layoffs if president obama was reelected. west gait resort ceo david siegel is doing a total 180. he is here to explain. more "money" coming up. ♪ ♪ . melissa: all right. whether you're earn $250,000 a year or not you will be affected by the tax hikes on the wealthy. why? because it will kill economic growth. that could make it hard to get a job. seems so obvious to me. but a new congressional budget office report sort of mixed on the topic. christian doors ski, external and governmental affairs at economic policy independence statute. who thinks this silly repor
states sanction list. it was quote, to agent or affiliate of iran's revolutionary god in september. it puts additional pressure or iran's slumping oil out put reportedl down more than 20% this year but who really knows. >>> next on "money", will tax hikes for the rich kill economic growth, duh? i say it will. but a huge supporter of increases couldn't disagree with me more. we'll break out the calculators and fight over it. >>> plus he warn of layoffs if president...
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Oct 10, 2012
10/12
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he says basically the banking industry has stablized in the united states. is he right? >> oh, absolutely. if you look at the capital structure they're perfectly fine. they're addressing the issues which is they're all addressing the regulatory issues. will they be able to make money in this new regulatory environment? we're confident they can. our favorite stock is goldman sachs. goldman, trading firm, market said you will never be able to beat your cost of capital in trading. well, markets are repricing. goldman is changing their trading floors. they're automating. they're cutting compensation. they're bringing inventories down in terms of getting rid of risk-weighted assets. they're doing the right stuff the other stock we like is citi. the reason we like citi because flattening yield curve is good for the mortgages they have in the bad bank. sandra: the stock is up year-to-date, 33%. jpmorgan up 25. morgan stanley 15. citigroup is the sleeper. >> vikram is doing very good job. if you think of citi, citi is a bet on continual low rates, narrowing credit spreads. that'
he says basically the banking industry has stablized in the united states. is he right? >> oh, absolutely. if you look at the capital structure they're perfectly fine. they're addressing the issues which is they're all addressing the regulatory issues. will they be able to make money in this new regulatory environment? we're confident they can. our favorite stock is goldman sachs. goldman, trading firm, market said you will never be able to beat your cost of capital in trading. well,...
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Oct 25, 2012
10/12
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we burn a billion tons of coal year in the united states. there are less plants than there were before and president obama said he didn't want any more bills. if we have a change in presidency we will keep our low-cost energy moving forward and use of american coal which is red, white and blue. dave: natural gas, a lot of company switching to natural gas, elector companies. there are new epa ruling about getting natural-gas. how is that affecting your business? >> it titans the market. prices rise as you restrict license to operate. the more burden you put on any product the more it costs the consumer is. the epa's reaction to that will lag a little bit, but it is a game change that we are finding all this natural gas and is good for america as well. dave: great to see you. thank you for coming in. liz: the big question is is apple going to do it again? under promise and over the liver, hit it out of the park with help from the i phone 5. we expect earnings any moment from apple. we will bring those numbers as soon as they are released. look
we burn a billion tons of coal year in the united states. there are less plants than there were before and president obama said he didn't want any more bills. if we have a change in presidency we will keep our low-cost energy moving forward and use of american coal which is red, white and blue. dave: natural gas, a lot of company switching to natural gas, elector companies. there are new epa ruling about getting natural-gas. how is that affecting your business? >> it titans the market....
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Aug 23, 2012
08/12
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you're critical the way the eurozone is carried on in the united states. you said it is questionable claims leading to overly skeptical conclusions but to be honest what we've seen out of the eurozone hasn't been that encouraging, has it? >> well which think indeed europe is selling undervalue in the u.s. currently. when you look at it closer into one of the most important issues which are the current account deficits and the periphery countries like spain, italy and portugal, you see a good bit of rebalancing already taking place. i think this is a very important point. italy says they have a primary surplus and interest rates aren't too high currently if i compare it to the middle of the '90s. i think there is a lot of good news. of course there is some bad news but i think it is a bit biased in the u.s.. ashley: would you agree though that more fiscal union is needed if the eurozone project, the single currency, is to succeed? and will with, let me just follow that up with second part of that question, will the countries, individual member-states be wil
you're critical the way the eurozone is carried on in the united states. you said it is questionable claims leading to overly skeptical conclusions but to be honest what we've seen out of the eurozone hasn't been that encouraging, has it? >> well which think indeed europe is selling undervalue in the u.s. currently. when you look at it closer into one of the most important issues which are the current account deficits and the periphery countries like spain, italy and portugal, you see a...
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Dec 26, 2012
12/12
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is it relevant for high-speed rail in the united states? >> for those of us who ride the corridor for every stuck up. adam: faster sometimes to go on the regular train. >> i love this. apparently if we had the high-speed rail, new york to d.c., god knows why you want to go to d.c. under hour which i love. americans love their cars. adam: bingo. >> china doesn't have competitive airline industry. we've got rival airlines that make it cheaper. adam: study said, i recall this a year ago, pointed out putting money united states is investing in high-speed rail into fixing our highways and creating different kinds of fueling spots, if you want to go electric would be far better use of the money than building high-speed rail. >> exactly. >> we have transportation trust fund's cross this country are broke. new jersey, for example, broke. you can't fix the roads. before we even get, i'm -- >> as for china also, you tell me. this is country still has lead in its paint. ends up accidentally poisoning children with milk formula. i'm not riding that tra
is it relevant for high-speed rail in the united states? >> for those of us who ride the corridor for every stuck up. adam: faster sometimes to go on the regular train. >> i love this. apparently if we had the high-speed rail, new york to d.c., god knows why you want to go to d.c. under hour which i love. americans love their cars. adam: bingo. >> china doesn't have competitive airline industry. we've got rival airlines that make it cheaper. adam: study said, i recall this a...
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Sep 12, 2012
09/12
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this movie being produced by egyptian ex-patriots who live in the united states. roughly a dozen men, according to ap reports, scaled the embassy wall and actually were able to get the flag of the united states and tear it down, chanting there is no god but god and mohammed is the prophet of god. this all happening within the last few hours. and these again, protesters are described as being hard-line islamist supporters of what is known as the salafist movement or egyptian football fans or soccer fans. they're protesting production of a movie they deem offensive to the prophet mohammed. melissa: adam, i hate to put you on the spot because i know you're on this breaking story. do you know if the embassy was evacuated or there are americans inside? >> the embassy issued a statement condemning what happened. as you go through the reports here, doesn't look if the embassy was evacuated or got into the embassy. they got over the wall these men to tear down the stars an stripes. melissa: adam shapiro, thank you so much for that report. >> yep. melissa: so the jobs mark
this movie being produced by egyptian ex-patriots who live in the united states. roughly a dozen men, according to ap reports, scaled the embassy wall and actually were able to get the flag of the united states and tear it down, chanting there is no god but god and mohammed is the prophet of god. this all happening within the last few hours. and these again, protesters are described as being hard-line islamist supporters of what is known as the salafist movement or egyptian football fans or...
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we don't have that kind of litigation in the united states. the second amendment is a troublesome area. these lawsuits were tried seven or eight years ago and many states reacted with legislation intended to insulate the manufacturer from harm by the ultimate user. the difference is so great, and the instrument he manufactured will ultimately end. the state of new york had the legislation and a panel of division judges yesterday ignored it. just ignored it as if it didn't exist and this legislation can go forward. if an injured person in new york -- charles: when an appellate division does this is it is the way of actually trying not to interpret the law but nullify it? judge napolitano: a way for five judges to say we disagree with where the second amendment is being interpreted today and what a liberal state like the state of new york did. not to protect the rights of suggs to use drugs but innocent manufacturers for the inappropriate use of their products. as we said before we went on the air almost any product can be used in a way or by a
we don't have that kind of litigation in the united states. the second amendment is a troublesome area. these lawsuits were tried seven or eight years ago and many states reacted with legislation intended to insulate the manufacturer from harm by the ultimate user. the difference is so great, and the instrument he manufactured will ultimately end. the state of new york had the legislation and a panel of division judges yesterday ignored it. just ignored it as if it didn't exist and this...
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Sep 20, 2012
09/12
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we are in a below average economy here in the united states. a slight recession in europe. slowing gdp growth in emerging economies. it is a tough environment. >> very tough indeed, thank you. liz: gel, we were check back with you in a few minutes we do the federal reserve announcing another round of money easing. peter barnes is sitting down exclusively with boston fed president eric rosencrantz. here is what he had to say about he thinks how it will affect the economy. >> i think it will have a material impact and they're a number of ways it can happen. one is in the housing market, rates are low, but we are starting to see in the markets that prices are starting to go up. if you think that the federal reserve program will last for a certain period of time, there is the same thing when purchasing a large building. interest rates may start rising as the economy improves. that is exactly the kind of behavior we are hoping for. liz: mark olson is a former federal reserve or governor. you heard what he said. a very important interview. he truly feels that qe-3 and they will w
we are in a below average economy here in the united states. a slight recession in europe. slowing gdp growth in emerging economies. it is a tough environment. >> very tough indeed, thank you. liz: gel, we were check back with you in a few minutes we do the federal reserve announcing another round of money easing. peter barnes is sitting down exclusively with boston fed president eric rosencrantz. here is what he had to say about he thinks how it will affect the economy. >> i think...
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Nov 15, 2012
11/12
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net sales outside the united states and canada which includes gap think and franchises increased 7%, and i talked a bit about opening the first of a store in china which took place in september. they donated $1 million to the hurriccne sandy relief funds. liz: a year ago get him with $0.38. so to see $0.63 year-over-year property did during tough, challenging times. let's bring in larry from the pits of the cme. they do get out in our street fight. a bull and bear, a clear shot. mr. with larry. these numbers are certainly bullish. what about the rest of the market? liz: well, i saw a dramatic shift in psychology with the traders behind me. since the election the market has been governed by remorse, self pity, apathy, and general frustration. today it is much different. right now it is a lot more dire because people are starting to realize that washington might not be able to figure this out tomorrow, and the fact is if it's more than that to% impact on gdp it will send this market into a tailspin. liz: are you seeing signs of recession on the rise in? is that higher up in the concern
net sales outside the united states and canada which includes gap think and franchises increased 7%, and i talked a bit about opening the first of a store in china which took place in september. they donated $1 million to the hurriccne sandy relief funds. liz: a year ago get him with $0.38. so to see $0.63 year-over-year property did during tough, challenging times. let's bring in larry from the pits of the cme. they do get out in our street fight. a bull and bear, a clear shot. mr. with larry....
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Sep 10, 2012
09/12
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the united states has the highest u.s. corporate tax rate. presidential candidates are tackling these taxes with different plans. scott joins me now with what he thinks of old candidate. i want to start with the issue of this 35%. each candidate says, in theory, they will bring it down. obama wants 28% and romney wants 25%'s. >> i have to give the edge to mr. romney. he also wants to change the structure of our international tax system which would make the u.s. companies more competitive in the global economy and, i think, make the u.s. economy more competitive overall. cheryl: i mentioned competitive as i was talking to you. we are now number seven. what does that say to you? >> i think we are flipping in a lot of areas. the corporate tax really is one of the areas that we have to fix. we have a nieman marcus tax system. they are making themselves more competitive in high tax countries like united states. we need to fix the structure of our system. nicole here should be to make the economies more global. cheryl: i want to show our viewers so
the united states has the highest u.s. corporate tax rate. presidential candidates are tackling these taxes with different plans. scott joins me now with what he thinks of old candidate. i want to start with the issue of this 35%. each candidate says, in theory, they will bring it down. obama wants 28% and romney wants 25%'s. >> i have to give the edge to mr. romney. he also wants to change the structure of our international tax system which would make the u.s. companies more competitive...
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Oct 15, 2012
10/12
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lori: i you facing challenges in the united states? >> the u.s. industry is waiting to see how the service catches on in the other markets. they are now lagging behind. it is time they start catching up. lori: but you have to be faced with complaints and concerns cellphone on the airplane? the enclosed setting it is a disruption. the airlines are concerned it will push people away. >> we have been operating the service since 2008. we have very few complaints. emirates has had to complaints if they get the least amount. maybe two passengers and next to each other having a conversation there is no other objection. lori: i object if you are eavesdropping it is satisfying been hearing one side of the conversation. but keeping it to the financials with the technology can you use your own smart phone and is there cost? >> you will use your own hands that. you also have access to the internet and e-mail with a smart phone. lori: what does it cost the carrier? >> it is a roaming business you do get a bill from your home operator. lori: thank you so much f
lori: i you facing challenges in the united states? >> the u.s. industry is waiting to see how the service catches on in the other markets. they are now lagging behind. it is time they start catching up. lori: but you have to be faced with complaints and concerns cellphone on the airplane? the enclosed setting it is a disruption. the airlines are concerned it will push people away. >> we have been operating the service since 2008. we have very few complaints. emirates has had to...
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Sep 24, 2012
09/12
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last night equity prices and metal prices have been moving together since both the united states federal reserve and the bank of japan lored interest rate policy and put in additional stimulus in the global economy. last night silver and gold cracked, and there were a lot of people shaking their heads as to why the metals cracked, and there is perhaps talk out there there were large derivative positions out there that perhaps silver gets above $36 an ounce, you could see a large short covering trade. so be careful. but the fact that gold and silver cracked in this global, aggressive central bank easing campaign doesn't make sense either. david: no, no. of course, it was a crack. it may come back. john, we're going to be talking more to you when the s&p futures close in just about ten minutes. thank you, john. liz: thanks john. let's bring in maury, chief investment officer of relative value partners and david steinberg. both these gentlemen a lot of experience in the markets and a lot of money that they work with. david, you're a bit more optimistic right now, and as we look at the s&p 5
last night equity prices and metal prices have been moving together since both the united states federal reserve and the bank of japan lored interest rate policy and put in additional stimulus in the global economy. last night silver and gold cracked, and there were a lot of people shaking their heads as to why the metals cracked, and there is perhaps talk out there there were large derivative positions out there that perhaps silver gets above $36 an ounce, you could see a large short covering...
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Aug 22, 2012
08/12
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states. so, you know, what we have here is a situation where apple previously was the largest seller of smart phones. samsung took over as the leader of the market. samsung came out with its newer galaxy products which some say looks a lot like the apple iphone as well as the galaxy tablet that looks like the apple ipad. and in addition to the look of these products, the issue is the functionality and other are not certain functions of those products operate like the iphone and therefore infringed on certain patents that apple has. david: let's get to the chase. if, in fact among let's say that apple wins this case. does that really hamper competition in the industry? the consumer, the two competing things that you have here. one obviously, property rights versus competition. the more property rights you have, the more stringent interpretation property rights the less likely you're going to have real competition on products, and that means that consumers get less. >> well, based on the inform
states. so, you know, what we have here is a situation where apple previously was the largest seller of smart phones. samsung took over as the leader of the market. samsung came out with its newer galaxy products which some say looks a lot like the apple iphone as well as the galaxy tablet that looks like the apple ipad. and in addition to the look of these products, the issue is the functionality and other are not certain functions of those products operate like the iphone and therefore...
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Oct 24, 2012
10/12
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you are looking at sandy approaching the united states probably early friday morning. it just upgraded to a hurricane, category one. dagen: unemployment babysitting at 7.8%, but that may not be that there is not work to be found. salt lake city saw 5% growth, as well as as well as, surprisingly, detroit. both alston and houston cell growth of 6%. the highest increase was 7% growth adding over 63,000 jobs. the chief executive said in a note to workers that the company is shutting its boston's studio am a close boston and japan as well. it currently has over 3000 employees. it is up. it may be time to change your passwords. a company analyzed a list of millions of passengers released by a group of online hackers. topping the list were the word password. 123456. the company found some unusual new additions. there is jesus or jesus. along with ninja, monkey, unfortunately, connell sucks did not make the list this year. that was not in the prompter, it was connell rules. dagen: [ laughter ] connell: we are going to go to nicole now. it is a good day for facebook. nicole: he
you are looking at sandy approaching the united states probably early friday morning. it just upgraded to a hurricane, category one. dagen: unemployment babysitting at 7.8%, but that may not be that there is not work to be found. salt lake city saw 5% growth, as well as as well as, surprisingly, detroit. both alston and houston cell growth of 6%. the highest increase was 7% growth adding over 63,000 jobs. the chief executive said in a note to workers that the company is shutting its boston's...
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Oct 26, 2012
10/12
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this thing is really heading for a very populist part of the united states. how much disruption do you think we can expect? >> in previous forms including the ones in recent years communication, transportation, if folks are trained to work at home and companies do their due diligence and testing and test from home if communication goes out that is a problem. cheryl: working from home is a viable option. it is for an employee may be they should take that. let's talk about the overall cost. businesses have insurance but that won't cover everything. how did they financially prepared? >> they work with what they have. someone has resources at another facility they do their planning ahead of time the va internal resources, work with their insurance companies, get what resources they need ahead of time lined up and make certain commitments and make sure they go forward. cheryl: the insurance company is the key line of communication for a business owner, small or large. the cost of these storms we are looking at the economic impact and i want to gauge what business,
this thing is really heading for a very populist part of the united states. how much disruption do you think we can expect? >> in previous forms including the ones in recent years communication, transportation, if folks are trained to work at home and companies do their due diligence and testing and test from home if communication goes out that is a problem. cheryl: working from home is a viable option. it is for an employee may be they should take that. let's talk about the overall cost....
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everybody is out voting for the president of united states. dennis: some polls favoring obama in the past 24 hours but mitt romney camp shows the internal polls shows him of leading. what if they're wrong? grade, you say by 7:00 tonight when virginia closes we do not have to stay up late? >> i think we'll have to but the numbers will start coming in quickly. if obama is tied for a slight lead he could have a good lead i am guessing romney wins virginia but it is a tie. cheryl: in new hampshire closes at 8:00. >> that does not sound like much it is only four votes but they report pretty quickly within 45 minutes and in a really close race down at two under 71 if obama loses new hampshire he goes below 270. dennis: all lot riding on a small state. what about wisconsin and? >> i have obama met with wisconsin. if that is shaky i am not convinced he will win.3 that is the state of paul ryan, a scott walker. and a close and if it looks tight we could be up really late. cheryl:. dennis: then romney could stage a comeback then to go to ohio closing at
everybody is out voting for the president of united states. dennis: some polls favoring obama in the past 24 hours but mitt romney camp shows the internal polls shows him of leading. what if they're wrong? grade, you say by 7:00 tonight when virginia closes we do not have to stay up late? >> i think we'll have to but the numbers will start coming in quickly. if obama is tied for a slight lead he could have a good lead i am guessing romney wins virginia but it is a tie. cheryl: in new...
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. >> united states has stepped up complaints and stainless steel sink, flooring, steel grating, bricks and much more. chinese have responded most notably for u.s. support of the auto industry. also fixed the presidential campaigns. president obama chooses governor romney of sending american jobs to china during his time at bain capital. romney called the present week on china promising stricter and forcing trade practices bowing to label a currency manipulator. some argue stronger rhetoric and tourist will lead to a loss for american consumers and u.s. companies conducting business in china. back to you. melissa: get somebody on the show who install solar panels in the u.s., buying materials from china, much cheaper over there and was so frustrated because he is in the solar business but is now being penalized because he buys from china. what is the next step? >> that is the thing to look at both sides for 10 seed manufacturers in the united states sometimes pushing for this and those who import and use these materials saying no, it really depends on the world trade organization when i
. >> united states has stepped up complaints and stainless steel sink, flooring, steel grating, bricks and much more. chinese have responded most notably for u.s. support of the auto industry. also fixed the presidential campaigns. president obama chooses governor romney of sending american jobs to china during his time at bain capital. romney called the present week on china promising stricter and forcing trade practices bowing to label a currency manipulator. some argue stronger...
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Dec 18, 2012
12/12
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we used to have 1.6 million housing contractors in the united states. that was at the boom of the marquette -- market. look where it has fallen. look at recent fall in housing that is huge drop. that means far fewers houses are being built s that why prices are going up? >> it absolutely supply and demand on used and existing home side. that supply is coming down. on the new side, home builders, many public builders went out of business and many private builders have not been able to get capital and are out of the marketplace. that's an unfortunate thing fore surviving, those with good capital structure that means a lot of opportunity on the recovery. liz: as the darwinian play shaking itself out and you are among the fittest surviving so far, can we get a prediction for 2013. >> boy, let me put it in perexecutive. housing starts averaged 1.6 million per year for decades. last in, this downturnnwe got down to 500,000 starts. was a million six average. 500,000. everybody is excited today because it is about the 850,000 plus or minus starts. that's good.
we used to have 1.6 million housing contractors in the united states. that was at the boom of the marquette -- market. look where it has fallen. look at recent fall in housing that is huge drop. that means far fewers houses are being built s that why prices are going up? >> it absolutely supply and demand on used and existing home side. that supply is coming down. on the new side, home builders, many public builders went out of business and many private builders have not been able to get...
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123
Aug 31, 2012
08/12
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he talked about the threats from the eurozone but it was about unemployment in the united states. traders and investors listening to this part. when he said taking into account uncertainties and limits of policy tools, federal reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions. he went on to say, that unless the economy begins to grow more quickly than it has more recently, unemployment rate will likely remain far above levels consistent with maximum sustainable employment. investors, traders take that to mean we stand ready perhaps more soon than that not to start qe. no clear signal that would happen. the federal reserve chairman as always talking about the fact that europe could be a problem for the united states. back to you. ashley: it could indeed. adam, thank you very much. tracy: for more on bernanke's speech and what we may hear from the fed when they meet next month, we're joined by kevin hassett, former federal reserve senior economist and senior fellow and director
he talked about the threats from the eurozone but it was about unemployment in the united states. traders and investors listening to this part. when he said taking into account uncertainties and limits of policy tools, federal reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions. he went on to say, that unless the economy begins to grow more quickly than it has more recently, unemployment rate...
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Oct 10, 2012
10/12
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cheryl: as the united states grapples with weak employment reports an alarming trend is developing. the health-care law and potential tax increases causing companies right now to change hiring plans. liz macdonald is here with the bottom line. great story. liz: we spoke to darden restaurants. one of the top three employers in the country. they own olive garden and red lobster. here is what they are telling fox business about the effect of hiring. they are testing four market's going through part-time workers, i'm not full time workers and considering more part-time jobs, there's no flexibility in it at all. here is the problem and the bottom line. high cost of affordable care hitting the restaurant industry and they have half of their work force already as part time because there is a lot of turnover in the industry. 75% of part-time speaking of the shift so you are not hit with a mandate tax if you don't provide coverage to part-timers. if you are below the 30 hour work week, provide health insurance for those guys but here's the problem. we did have these planned. shea benefits pl
cheryl: as the united states grapples with weak employment reports an alarming trend is developing. the health-care law and potential tax increases causing companies right now to change hiring plans. liz macdonald is here with the bottom line. great story. liz: we spoke to darden restaurants. one of the top three employers in the country. they own olive garden and red lobster. here is what they are telling fox business about the effect of hiring. they are testing four market's going through...
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states sanction list. it was quote, to agent or affiliate of iran's revolutionary god in september. it puts additional pressure or iran's slumping oil out put reportedly down more than 20% this year but who really knows. >>> next on "money", will tax hikes for the rich kill economic growth, duh? i say it will. but a huge supporter of increases couldn't disagree with me more. we'll break out the calculators and fight over it. >>> plus he warn of layoffs if president obama was reelected. west gait resort ceo david siegel is doing a total 180. he is here to explain. more "money" coming up. ♪ energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly s of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean f
states sanction list. it was quote, to agent or affiliate of iran's revolutionary god in september. it puts additional pressure or iran's slumping oil out put reportedly down more than 20% this year but who really knows. >>> next on "money", will tax hikes for the rich kill economic growth, duh? i say it will. but a huge supporter of increases couldn't disagree with me more. we'll break out the calculators and fight over it. >>> plus he warn of layoffs if president...
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Oct 30, 2012
10/12
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dave: jetblue is a part of the whole northeast united states, new york and boston. best of luck. thanks for joining us. liz: our restaurant handling this? huge demand. some have been closed but along the east coast they were forced to shut their doors due to superstores sandy. how will affect their bottom line? the ceo of dying equity, operator of 2,000 appleby is and i hop restaurants showing us live. dave: the latest case schiller index showing home prices gained further traction in august with the latest storm keeping the recovery going as homeowners looked rebuild or the opposite effect? the co-author of the s&p case schiller index live in a moment. dave: new york has been like a ghost town the past couple days which is tough on restaurants who rely on manhattan's foot traffic but it will take awhile for such a hit show on the books and it did not show up on the excellent quarterly reports for donna and equity, owner of appleby and i hot restaurant brand reporting quarterly profit that beat wall street expectations. how will their sales hold up to superstorm sandy's iraq? joi
dave: jetblue is a part of the whole northeast united states, new york and boston. best of luck. thanks for joining us. liz: our restaurant handling this? huge demand. some have been closed but along the east coast they were forced to shut their doors due to superstores sandy. how will affect their bottom line? the ceo of dying equity, operator of 2,000 appleby is and i hop restaurants showing us live. dave: the latest case schiller index showing home prices gained further traction in august...
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122
Aug 24, 2012
08/12
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eye 122
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president of the united states leading and dividing everyone very hard to get congress together. lori: what must be hard energizing the republican party at convention and speaking to specifics and what needs to be done in terms of spending cuts, you know, avoid the fiscal cliff. how will you balance that? what does the party need to do to be successful? >> the party needs to do is exactly what paul ryan does. he breaks things down in very common sense, easy language you can understand and he sincere. he's honest. he is not --. ashley: you worked very closely with him? >> i worked very closely with him. i can tell you whether you're democrat, republican or independent, if you get to know paul ryan the more you get to+++ in five to 10 years, medicare is going bankrupt. insolvent. we won't have it anymore. if we do nothing we're hurting seniors. we must do something for future generations. that is one of the messages that have to get out there. make sure they have everything that they have owed and everything they earned and really promised but for future generation this is is not a
president of the united states leading and dividing everyone very hard to get congress together. lori: what must be hard energizing the republican party at convention and speaking to specifics and what needs to be done in terms of spending cuts, you know, avoid the fiscal cliff. how will you balance that? what does the party need to do to be successful? >> the party needs to do is exactly what paul ryan does. he breaks things down in very common sense, easy language you can understand and...
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Oct 24, 2012
10/12
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states? >> asus has become the very engineer oriented company. we're proud of the company. the company is driving this kind of methodology. always trying to drive the best innovation. liz: is there room for all of you? >> i think so. it needs a lot of innovation. i think based on our strong foundation of technology and we are driving the event thinking methodology, we always try to provide the best. i think we have pretty good room. liz: we have to go but the ultra books you have made, or the adoption of it, people buying as many as you would hope? >> yes, i think so. liz: the numbers are reaching expectations? >> yes. beyond our expectations. even more magical and more innovative. and that is why we have such a confidence. liz: there you go. they are number four. a big name, asus. and this, the tai chi. the screen, the laptop and it flips over into a tablet. great idea. competition is good. asus chairman. ashley: i love it. the phone that goes inside, how cool is that. the presidential elect
states? >> asus has become the very engineer oriented company. we're proud of the company. the company is driving this kind of methodology. always trying to drive the best innovation. liz: is there room for all of you? >> i think so. it needs a lot of innovation. i think based on our strong foundation of technology and we are driving the event thinking methodology, we always try to provide the best. i think we have pretty good room. liz: we have to go but the ultra books you have...
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aqua america in the united states the majority of half a million customers have never experienced water disruption. joining me now, aqua water chairman and ceo. a trying time for many up and down the coast, but why do you think we'r we are still having concerns about water? you say we should not be that concerned. >> it is obviously essential for life, electricity is terrible but without power for a couple of days you cannot survive. therefore flood proofed our supplies, the advanced warning of the storm and we are lucky because our areas did not get devastated but got hit with a sandstorm. cheryl: your business has pulled away from a particular area hit. how would you be advising people right now, your employees, residents as far as water goes? >> the purity of the water is crucial, can always borrow to make it more peer if you need your gas supply and/or electric supply to do that. there's not much you can do the whole system becomes contaminated sea have to have preparations prior to the storm to prevent massive pollution of your water source. cheryl: a lot of breaking news, thank yo
aqua america in the united states the majority of half a million customers have never experienced water disruption. joining me now, aqua water chairman and ceo. a trying time for many up and down the coast, but why do you think we'r we are still having concerns about water? you say we should not be that concerned. >> it is obviously essential for life, electricity is terrible but without power for a couple of days you cannot survive. therefore flood proofed our supplies, the advanced...
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if you wonder from investment standpoint what this drug could mean in the united states with a numbers of people who have alzheimer's disease. something like five.two million. will be 6.7 million come 2025 and between eleven million and fifteen million by 2015. there's a need for these medications. other companies have attempted to create plaque blockers and narrow protectors. eli lilly has them on to something in terms of patients with a mild form of the disease. a medication these studies show does not stop but slows the cognitive decline. dennis: adam shapiro. cheryl: i want to point your attention to the markets. the dow at 64 points. breaking news we brought you of the top of the hour these comments and letter to house panel from ben bernanke taking markets the other direction of 64 points. he says there is scope for further action by the fed to ease financial conditions and strengthen recovery. this is q e 3. this is what we have been talking about. market participants have been several days in the doldrums of august where the markets have gone higher based on the fact that ben b
if you wonder from investment standpoint what this drug could mean in the united states with a numbers of people who have alzheimer's disease. something like five.two million. will be 6.7 million come 2025 and between eleven million and fifteen million by 2015. there's a need for these medications. other companies have attempted to create plaque blockers and narrow protectors. eli lilly has them on to something in terms of patients with a mild form of the disease. a medication these studies...
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charlie is reporting massive layoffs are under way in the united states. hundreds of employees potentially at risk. and telling charlie the equity business has been, quote, decimated. we will get more from charlie gasparino in the next hour of markets. dennis: stocks every quarter hour. chipmakers that both end of the spectrum. nicole: we talk about supply it is the big issue. technology groups, to the downside and a supply warning and you can see down 22% is a huge move to the downside. if you are disappointed in how you have supply ready to go and some key beneficiaries both of which are up 8% on this news another thing to note is prices are flat but this could -- benefit from supplies. big picture market outlook a big day. if you have an ira or 401(k) you are pretty happy. lots of new highs. dennis: thank you. gold is hitting a five month high today. phil flynn of price futures group and fox business contributors watching all things shiny. phil: we are seeing silver flying saucer. what are talking about? a saucer bottom in silver. that is what traders a
charlie is reporting massive layoffs are under way in the united states. hundreds of employees potentially at risk. and telling charlie the equity business has been, quote, decimated. we will get more from charlie gasparino in the next hour of markets. dennis: stocks every quarter hour. chipmakers that both end of the spectrum. nicole: we talk about supply it is the big issue. technology groups, to the downside and a supply warning and you can see down 22% is a huge move to the downside. if you...